bullish
Chow Tai Fooks' Offer For NWS (659 HK). Buy NWD (17 HK)
David has highlighted this Insight as a Top Pick
623 Views27 Jun 2023 09:50
Assuming the final divi of HK$0.31/share is added on top of the offer price; and payment around 7 months out, I'd be buying up to $8.95 or so (10% annualised). I'd buy NWD. It is cheap at 0.23x p/B.
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